Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz Australia Taps Laybutt from Deloitte as Chief Risk Officer, Succeeding Callahan
Mar 30 2020 // Allianz Australia announced the appointment of Tara Laybutt as Allianz Australia’s chief risk officer, effective May 11, 2020. Laybutt has extensive experience in guiding the risk functions of large, financial...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions
Mar 4 2020 // Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The...
Markets Are Overreacting to Threat of Coronavirus: Allianz CEO Baete
Feb 26 2020 // Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term impact, said the head of Allianz SE, Europe’s biggest insurer. Chief Executive Officer...
Roehler Succeeds Theis on Allianz Board of Management
Feb 21 2020 // Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, is retiring at his own request on March 31, 2020 after more than 33 years at...
Allianz Raises 2020 Profit Target After 9.5% Jump in Q4 Results
Feb 21 2020 // German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5% jump in fourth-quarter net profit on Friday. The profit increase was largely driven by an...
Allianz-Backed Fintech Startup, N26, Closes UK Mobile Bank Accounts, Blaming Brexit
Feb 12 2020 // N26 GmbH, the German mobile bank backed by billionaires Peter Thiel and Li Ka-Shing, said it will end UK operations citing the country’s departure from the European Union. The Berlin-based digital bank will close UK...
Swiss Re Corporate Taps Ex-Allianz Exec Willauer as Head Property & Specialty, EMEA
Jan 28 2020 // Swiss Re Corporate Solutions has appointed Bianca Willauer as head Property & Specialty Lines, Europe, Middle East and Africa (EMEA), effective Feb. 1, 2020. In this role, Willauer will be responsible for the...
AGCS Appoints Haagen as Chief Underwriting Officer Specialty, Succeeding O’Neill
Jan 22 2020 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group, appointed Henning Haagen as chief underwriting officer specialty and member of the board of management, subject to...
Cyber Ranks as Top Peril for Companies Globally for 1st Time: Allianz Survey
Jan 15 2020 // Cyber incidents rank for the first time as the most important business risk globally, pushing the perennial top peril, business interruption (BI), into second place, according to the ninth Allianz Risk Barometer...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment
Jan 10 2020 // Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion),...
Willis Re Taps Buxton from Allianz as Managing Director, Int’l Customized Reinsurance
Jan 9 2020 // Willis Re, the reinsurance subsidiary of Willis Towers Watson, announced the appointment of Simon Buxton as managing director of its International Customised Reinsurance practice, which focuses on non-traditional...
Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit
Jan 2 2020 // Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total...
Guy Carpenter Appoints Schepens from Allianz as Benelux CEO
Dec 23 2019 // Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Patrick Schepens as CEO of the Benelux region, effective April 2020. Schepens will be responsible...
Allianz UK Launches ‘Cyber Select’ Offering for Mid-Size Corporations
Dec 12 2019 // Allianz UK has launched Cyber Select, a cyber offering designed primarily for mid-corporate businesses. Cyber Select’s cover is designed to deal with the consequences of unauthorized use of IT systems and data...
Directors and Officers Face Significantly Higher Range of Risks: Allianz Report
Dec 4 2019 // The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published by Allianz Global...
Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives
Nov 15 2019 // Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz...
AGCS Appoints Williams as Global Head of Financial Lines, Replacing Poncin
Nov 15 2019 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz Group, has appointed Shanil Williams as global head of Financial Lines, effective Nov. 15, 2019. He succeeds Bernard Poncin, who...
Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes
Nov 14 2019 // Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and...
Virginia’s Allianz Partners Hires Wright as CFO, O’Connor as Head of Operations
Nov 8 2019 // Allianz Partners, a Henrico, Va.-based insurance company, has hired Jeff Wright as chief financial officer and Jim O’Connor as head of Operations. Wright succeeds Diane Babson, who took an assignment with another...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
